Corporate Spin-Offs, Their Price Reactions and Determinants in Malaysia

Spin-off as a form of financial restructuring has been examined in the US and the UK but not in other markets. This is a first study outside those markets. The evidence from a sample of 85 spin-off cases in Malaysia reveals that both the parent and the spin-off company stocks gain significant positi...

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Bibliographic Details
Main Authors: Chung-Sin Yoon, Mohamed Ariff
Format: Article
Language:English
Published: Universiti Utara Malaysia 2008-03-01
Series:The International Journal of Banking and Finance
Subjects:
Online Access:https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8360